Assistant Manager Regulatory Operations Control (GWO) 18-month contract

Requisition ID: 244753

Join a purpose driven winning team committed to results in an inclusive and high-performing culture.

Purpose:

The Assistant Manager is responsible for helping to drive an efficient and effective Regulatory Control function within Global Wholesale Operations with a focus on regulations including but not limited to CFTC EMIR SEC and MAS valuation and collateral management. The Assistant Manager will execute daily and periodic monitoring controls resolve valuation/collateral disputes and help design end-to-end solutions for regulatory issues gaps and process enhancements.

Is this role right for you In this role you will:

• Develop and maintain an in-depth understanding of a variety of regulations which include but are not limited to CFTC EMIR and SEC including subject matter expertise of the derivative product life cycle valuation and collateral management.
• Execute daily and periodic monitoring controls relating to Delivery of Daily Marks Valuation Reconciliation Collateral Disputes and similar controls.
• Manage the end-to-end resolution of valuation/collateral disputes observed with counterparties. Manage resolution through identification investigation escalation to resolution recordkeeping and management reporting.
• Provide support during management ad hoc requests internal audit or testing engagements and assist with preparation for regulatory audits or queries.
• Liaise with Traders Technology Internal Control Compliance and other relevant stakeholders to identify prioritize and solution regulatory issues gaps and enhancements with focus on automating manual processes. Responsibilities will include building business requirements test scenarios UAT and providing process expertise.
• Assist with developing materials such as committee presentations and incident reports. Support at least one oversight committee through co-ordination preparing meeting agendas and producing minutes.
• Responsible for monitoring the completeness accuracy and timeliness regulatory reporting in accordance with Standard Operating Procedures.
• Ensure accurate record keeping and retention.
• Contribute to maintenance of documentation of all processes and procedures relating to Reconciliation controls. .

Do you have the skills that will enable you to succeed in this role Wed love to work with you if you have:

• Business/ Finance degree or equivalent
• 2 years of experience in in a Capital Markets environment
• Solid understanding and familiarity with other areas of the Bank including Technology Risk Management Compliance Audit etc.
• Strong MS Excel skills is required and PowerBI knowledge is seen a strong nice to have
• Strong relationship building competencies to build/maintain productive relationships with key stakeholders and members of the project team.
• Expert curiosity analytic and problem-solving capability under time pressure
• Very good presentation and written communications skills
• Prior operations experience or project experience in a management or business analyst (BA) role would be an asset

Whats in it for you

• A rewarding career path with diverse opportunities for professional development
• An organization committed to making a difference in our communities for you and our customers.
• A competitive rewards program including bonus flexible vacation personal and sick days and comprehensive benefits that start on your first day.
• Diversity Equity Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential respected for who they are and are embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities ethnicity race age ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate remove and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: for every future we help our customers their families and their communities achieve success through a broad range of advice products and services including personal and commercial banking wealth management and private banking corporate and investment banking and capital markets.

At Scotiabank we value the unique skills and experiences each individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including but not limited to an accessible interview site alternate format documents ASL Interpreter or Assistive Technology) during the recruitment and selection process please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however only those candidates who are selected for an interview will be contacted.